NEW YORK — The final three months of the year, usually a boom time for many small businesses thanks to holiday shopping and celebrations, looks precarious as the coronavirus maintains its grip on the economy.

Owners contending with government restrictions or crumbling demand are trying to hold on, with some creating new products and services or desperately searching for new customers. Others, however, have found they’re already well equipped to meet the lifestyle changes brought about by the pandemic.

The big corporate and non-profit parties and events that Sophia D’Angelo ran before the virus outbreak have just about vanished. Large in-person gatherings that companies typically use to launch or promote their brands aren’t possible because of social distancing requirements.

“The fourth quarter was always the bulk of my business,” says D’Angelo, who owns Boston Experiential Group, based in Boston.

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D’Angelo has had to get creative. She’s using her expertise to arrange small gatherings like holiday-themed dinners and parties at people’s homes, usually for no more than 10 guests.

The fourth quarter is a key time for many industries and companies of all sizes. Some retailers typically expect to make as much as half their annual revenue during the holiday shopping season, as do many of their suppliers. Any business connected with holiday parties and celebrations also has high hopes for the October-December period.

This photo provided by Adam M. Rammel shows the beer garden at The Syndicate on Aug. 20, 2020 in Bellefontaine, Ohio. Many restaurants, event planners and even companies like distillers and corporate gift manufacturers face weaker revenues although t

But conditions are dicey this year. The coronavirus has devastated many small businesses; it’s estimated that hundreds

Spain's Rafael Nadal plays a shot against Argentina's Diego Schwartzman in the semifinal match of the French Open tennis tournament at the Roland Garros stadium in Paris, France, Friday, Oct. 9, 2020. (AP Photo/Michel Euler)

Michel Euler/Associated Press

Novak Djokovic and Rafael Nadal will meet for the ninth time in a Grand Slam final Sunday at the 2020 French Open. 

The two legendary players have not met in a title clash at a major since the 2019 Australian Open. Most of their head-to-head showdowns in Grand Slam finals occurred at the start of their reigns atop the men’s game alongside Roger Federer.  

Nadal is chasing after his 20th overall major and 13th crown on the clay at Roland Garros, while Djokovic is trying to capture his second title in Paris and 18th overall major. 

As he typically does in Paris, Nadal dominated his first six matches on the path to the final, as he won every set. 

Djokovic faced more difficulties in the previous two rounds, and he will enter at a disadvantage based off those recent struggles and Nadal’s career-long form on clay.

           

French Open Men’s Final Information

Start Time: 9 a.m. ET

TV: NBC

Live Stream: NBC Sports app or NBCSports.com

Prize Money: Winner earns $1.88 million

      

Prediction

Rafael Nadal over Novak Djokovic

All of the statistics in Nadal’s favor suggest the Spaniard will come away with his 13th Roland Garros title. 

Nadal is 17-7 against Djokovic on clay courts and 6-1 versus the Serbian at the French Open. 

Although the numbers are overwhelmingly in Nadal’s favor, he admitted that he must play a solid match against Djokovic, per ATPTour.com.

“The only thing I know is to play against Novak, I need to play my best. Without playing my best tennis, [the] situation is very difficult. I know that it’s a court that I have been playing well on for such a long time, so that helps. But at the same time, he has an amazing record here too. [He’s] one of the

Sofia Kenin of the U.S. plays a shot against Petra Kvitova of the Czech Republic in the semifinal match of the French Open tennis tournament at the Roland Garros stadium in Paris, France, Thursday, Oct. 8, 2020. (AP Photo/Michel Euler)

Michel Euler/Associated Press

Sofia Kenin is the third different American woman to reach the French Open final in the last five years. 

On Saturday, the No. 4 seed will try to win on the Paris clay, which is what Serena Williams in 2016 and Sloane Stephens in 2018 failed to do. 

Kenin is attempting to become the first American singles champion at Roland Garros since Williams in 2015. 

Standing in the way of her second-career major victory is Iga Swiatek, a 19-year-old Polish player that has taken the event by storm.

Swiatek is one of two players left in the tournament in either singles draw that has not lost a set yet. The other is Rafael Nadal, who is a 12-time champion at Roland Garros. 

                    

French Open Women’s Final Information

Start Time: 9 a.m. ET

TV: NBC

Prize Money: $1.88 million to the winner

      

Prediction

Sofia Kenin over Iga Swiatek

Although Kenin’s set record at Roland Garros is worse than Swiatek’s, she carries a significant edge in experience.

Kenin won her first Grand Slam final appearance at the Australian Open and has been beaten just once in  major tournaments this season. 

Her handling of the moment and overall form could help her take the first sets off Swiatek at Roland Garros. 

The American comes into the women’s singles final off two controlling performances. The first was in the third set against Danielle Collins in which she did not concede a game. She followed that up with a straight-set win over her only seeded opponent, Petra Kvitova. 

Kenin admitted after the win over Kvitova that she is playing some of her best tennis, per ESPN.com’s D’Arcy Maine.

“It took some time for me to get my motivation back,” Kenin said.. “I finally got it. I feel like I’m playing the best

Happy Friday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.



a person standing in front of a blue bench: On The Money: Economy adds 661K jobs in final report before Election Day | House approves $2.2T COVID-19 relief bill as White House talks stall | Stand-alone bill to provide relief for airlines blocked on House floor


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On The Money: Economy adds 661K jobs in final report before Election Day | House approves $2.2T COVID-19 relief bill as White House talks stall | Stand-alone bill to provide relief for airlines blocked on House floor

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THE BIG DEAL-Economy adds 661K jobs in final jobs report before Election Day: The U.S. gained 661,000 jobs in September, the Labor Department reported Friday in the final jobs report before Election Day.

The unemployment rate fell to 7.9 percent in September as the U.S. posted its fifth consecutive month of job gains after the onset of the coronavirus pandemic triggered the deepest and quickest economic contraction since the Great Depression.

The report, however, came in well below the projections of economists and contained several red flags about the strength of the recovery from the coronavirus recession.

  • September marked the fourth consecutive month of declining job gains after additions of 4.7 million in June, 1.7 million in July and 1.5 million in August, according to revised figures released Friday.
  • Economists had expected the U.S. to gain roughly 800,000 jobs in September to push the unemployment rate down to roughly 8.2 percent from 8.4 percent in August.
  • While the jobless rate fell below that level, the labor force participation rate – the percentage of potential workers seeking jobs – fell

U.S. stock futures were flat in overnight trading, as investors braced for the start of the fourth quarter with hopes of fiscal stimulus. 

Dow futures rose 45 points. S&P 500 futures and Nasdaq 100 futures ticked up 0.18% and 0.12%, respectively. 

The House of Representatives delayed the vote on a $2.2 trillion rescue package on Wednesday evening after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to strike a coronavirus aid deal; however, the pair said the conversation would continue. 

The Federal Reserve said Wednesday it is extending the restrictions on big bank dividends and buybacks through the fourth quarter. Banks dipped in extended trading following the central bank’s announcement. 

On Wednesday, the Dow Jones Industrial Average climbed more than 300 points, after being up more than 550 points on hopes the White House and Senate would agree to a second stimulus package.

The S&P 500 also registered a gain, climbing more than 0.8%. The Nasdaq Composite rose 0.75%, helped by gains in Netflix and Microsoft. 

Stocks that hinge on economic recovery — like airlines and cruise lines — lost steam following the negative stimulus headlines. Airlines are on the cusp of laying off tens of thousands of employees without further government support. 

“Given lawmakers failure to make any progress, there is further doubt that any agreement can be reached prior to the election on November thirds,” Aviva Investors’ head of U.S. equities Susan Schmidt told CNBC. “Investors are entering into the final quarter of the year expecting continued volatility and recognizing that not-owning the winners this year has had a detrimental impact on their portfolios.” 

Despite Wednesday’s rally, stocks rounded out September with losses, the first month of decline since March. 

The Dow Jones Industrial Average lost nearly 2.3% in September, a typically weak month for